#$cboe

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Cboe Global Markets, Ticker: $CBOE

Cboe Global Markets, $CBOE, comes into the week at resistance. It has a RSI rising at the midline with the MACD crossed up. Look for a push over resistance to participate…..

Salesforce, Ticker: $CRM

Salesforce, $CRM, comes into the week at resistance. It has a RSI rising with the MACD crossed up. Look for a push over resistance to participate…..

Edwards Lifesciences, Ticker: $EW

Edwards Lifesciences, $EW, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Honeywell, Ticker: $HON

Honeywell, $HON, comes into the week after breaking yearlong resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Intercontinental Exchange, Ticker: $ICE

Intercontinental Exchange, $ICE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the June quadruple witching in the books in the books, saw equity markets a bit gassed after a good start.

Elsewhere look for Gold to continue its consolidation in the uptrend while Crude Oil moves higher in consolidation. The US Dollar Index continues the short term move to the upside while US Treasuries continue their short term move higher in the secular downtrend. The Shanghai Composite looks to continue the short term trend lower while Emerging Markets look to be on the verge of breaking consolidation to the upside.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Boeing, $BA, comes into the week breaking short term resistance. It has an RSI in the bullish zone and the MACD positive period look for continuation to participate…

Biogen, $BIIB, comes into the week approaching resistance. It has an RSI in the bullish zone and a MACD positive period look for a break of resistance to participate…

Blackrock, $BLK, comes into the week breaking short term resistance. It has an RSI and the bullish zone and the MACD positive period look for continuation to participate…

BorgWarner, $BWA, comes into the week breaking resistance. It has an RSI in the bullish zone and a MACD positive period look for continuation to participate…

CBOE, $CBOE, comes into the week breaking resistance. It has an RSI in the bullish zone and a MACD positive and climbing. Look for continuation to participate…

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the bulk of the 1st Quarter earnings in the rearview mirror and heading into next week’s May options expiration, saw equities continue to act strong and tacking on more new all-time highs for the fourth week in a row.

Elsewhere, look for Gold to continue walking the fence between a downtrend and digestion in the uptrend while Crude Oil bounces around in broad consolidation under $100/bbl. The US Dollar Index looks to continue to drift lower in consolidation while US Treasuries continue to hold over 16 month support like nothing is happening. The Shanghai Composite looks to continue a short term uptrend closing in on the 2026 top and a new 11 year high while Emerging Markets push to new highs in their uptrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

BorgWarner, $BWA, comes into the week breaking to a new 14 month high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Cboe Global Markets, $CBOE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Costco, $COST, comes into the week rounding out of a pullback. It has a RSI rising at the midline with the MACD crossed up. Look for continuation to participate…

Envista, $NVST, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Oshkosh, $OSK, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

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If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into another big week in earnings season, saw equity markets looking rattled following a 2 day move lower.

Elsewhere, look for Gold to continue to consolidate in its uptrend while Crude Oil drifts in consolidation. The US Dollar Index continues the intermediate term move to the downside near 3 year lows while US Treasuries continue to consolidate in their downtrend. The Shanghai Composite looks to consolidate the move to the top of the broad consolidation area while Emerging Markets see their short term uptrend threatened.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Advanced Micro Devices, $AMD, comes into the week at resistance. It has a RSI in the bullish zone with the MACD crossing up and positive. Look for a push over resistance to participate…

Cboe Global, $CBOE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Capital One Financial, $COF, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Illumina, $ILMN, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Microsoft, $MSFT, comes into the week at short term resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into earnings season and the July options expiration week, saw equity markets exhibit continued strength holding at the highs.

Elsewhere, look for Gold to continue to consolidate in its uptrend while Crude Oil drifts up in consolidation. The US Dollar Index continues to drift higher in the short term move to the downside at more than 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the move higher in consolidation while Emerging Markets continue their break to the upside.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

ADP, $ADP, comes into the week falling back to support. It has a RSI in the bearish zone with the MACD negative. Look for a drop through support to participate…

CBOE, $CBOE, comes into the week pulling back to support and prior resistance. It has a RSI falling at the midline with the MACD crossing down. Look for a drop through support to participate…

Cigna, $CI, comes into the week at support. It has a RSI falling to the midline with the MACD crossing down. Look for a drop through support to participate…

Gilead Sciences, $GILD, comes into the week falling back to support. It has a RSI dropping near the bearish zone with the MACD dropping toward negative. Look for a fall through support to participate…

KBR, $KBR, comes into the week nearing support. It has a RSI in the bearish zone with the MACD negative. Look for a drop through support to participate…

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If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the release of the first round of tariffs since 1930, saw equity markets reacted with their worst week (2 days) since March of 2020.

Elsewhere look for Gold to continue to hold over $3000/oz while Crude Oil collapses into a downtrend. The US Dollar Index continues to drift to the downside in consolidation while US Treasuries continue in consolidation. The Shanghai Composite looks to continue to consolidate the short term move higher while Emerging Markets may be entering a new downtrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

AbbVie, $ABBV, comes into the week approaching resistance. It has a RSI in bullish territory with the MACD positive. Look for a push over resistance to participate…

Cboe Global Markets, $CBOE, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

CME Group, $CME, comes into the week consolidating in a triangle. It has a RSI in the bullish zone with the MACD positive. Look for a break of the triangle to participate…

Honeywell, $HON, comes into the week rounding out of a bottom. It has a RSI rising near the midline with the MACD crossing up. Look for continuation to participate…

Johnson & Johnson, $JNJ, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

If you like what you see sign up for more ideas and deeper analysis using thi Get Premium link.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the February options expiration in the books, saw equity markets show some cracks at the end of the week following a strong open post-holiday.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates in a broad range. The US Dollar Index continues to drift to the downside, testing prior breakout levels, while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue higher in broad consolidation while Emerging Markets continue a short term uptrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Cboe Global Markets, $CBOE, comes into the week at short term resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Freeport-McMoRan, $FCX, comes into the week approaching resistance. It has a RSI at the midline with the MACD crossed up. Look for a push over resistance to participate…

JinkoSolar, $JKS, comes into the week pushing up towards resistance. The RSI is rising to the midline with the MACD crossed up. Look for a push over resistance to participate…

Teck Resources, $TECK, comes into the week approaching resistance. It has a RSI rising over the midline with the MACD about to cross to positive. Look for a break of resistance to participate…

Voya Financial, $VOYA, comes into the week at resistance. The RSI is rising with the MACD positive. Look for a push over resistance to participate…

Up Next: Bonus Idea                                                                                        

The Best

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first week of February in the books, saw equity markets show resilience with a rebound from an ugly start anticipating tariffs.

Elsewhere look for Gold to continue its assault on $3000/oz while Crude Oil falls in consolidation in a broad range. The US Dollar Index looks to pause in the drift to the upside while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue to consolidate while Emerging Markets continue a short term move lower.

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CBOE Global Markets, $CBOE, comes into the week trying to round out a bottom in a pullback to the 200 day SMA. A Measured Move would take it to 214. The RSI is rising towards the midline with the MACD curling to cross up but negative. There is resistance at 201 and 202 then 205 and 209 before 212 and 213.50. Support lower is at 195.50 and 191. Short interest is moderate at 3%. The stock pays a dividend with an annual yield of 1.28% and has traded ex-dividend since November 29th.

The company is expected to report earnings next on February 7th. The January options chain shows the biggest open interest at the 200 and then 180 strikes on the put side and at the 200 strike on the call side. The February chain is just starting to trade with little open interest yet. The March chain has biggest open interest at the 180 then 170 strikes on the put side. the call side is spread from 210 to 230.

Trade Idea 1: Buy the stock on a move over 198 with a stop at 191.

Trade Idea 2: Buy the stock on a move over 198 and add a January 195/187.50 Put Spread ($2.15) while selling the February 210 Calls ($2.45).

Trade Idea 3: Buy the January/February 210 call Calendar ($2.50) while selling the February 185 Put ($2.25).

Trade Idea 4: Buy the March 185/200/210 Call Spread Risk Reversal ($1.90).

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with just 2 trading days left in 2024, saw the week show some disappointment in equity markets following a strong rebound early.

Elsewhere look for Gold to continue to consolidate the major move higher while Crude Oil consolidates in the lower end of a broad range. The US Dollar Index continues to hold at resistance while US Treasuries pullback in consolidation. The Shanghai Composite looks to consolidate in its uptrend while Emerging Markets may be reversing their uptrend.